Danish cable manufacturer NKT has finalized the acquisition of SolidAl, a prominent Portuguese wire company, from Njord Partners for €192 million. This strategic move aims to…
Browsing: Europe
Deep Wind Offshore has successfully secured a significant offshore wind project in Estonia, marking a pivotal step in the nation’s renewable energy ambitions. The company was…
The European Commission has greenlit Germany’s planned €3 billion ($3.2 billion) state aid package aimed at developing a Hydrogen Core Network (HCN) of pipelines. This initiative…
German firm SMA Solar Technology AGhas revised its sales and earnings forecast for 2024, citing a challenging market environment marked by volatility, the company announced on…
EIT InnoEnergy has unveiled plans to establish the European Solar Academy, aimed at training 65,000 workers in the solar industry across Europe over the next two…
Frankfurt airport operator Fraport CEO Stefan Schulte has highlighted a critical challenge facing the European Union’s aviation sector: the insufficient production of sustainable aviation fuel (SAF)…
T-Mobile Czech Republic, Slovak Telekom, and CE Colo Czech Republic, all part of Deutsche Telekom Group, have entered into cross-border virtual power purchase agreements (vPPAs) with…
Lithuania’s INVL Asset Management, through its Renewable Energy Fund I, has finalized a EUR 17.5 million (USD 18.7 million) loan agreement to advance the acquisition and…
Equinor has initiated test production at its third solar plant in Poland, Lipno, marking a significant step in its strategy to enhance its onshore renewables capacity…
Masdar, a leading renewables developer based in the UAE, has initiated negotiations for a full acquisition of Terna Energy SA, a Greek renewables firm aiming to…
Sonnedix Power Holdings Ltd, a leading global independent solar power producer, has officially commissioned its largest solar farm in Italy, the 27.9-MWp Aprilia 1 facility located…
Renewable electricity generation, excluding hydro, surged to a historic peak of 4,748 terawatt-hours (TWh) in 2023, marking a 13% increase from the previous year, according to…